For one, the crypto analyst explains that even though the correction is red, the advance is still green, and the consolidation is in the blue. These factors suggest that the altcoin is still in a bullish consolidation. Therefore, it does not mean that the early XRP price advance has failed.
The green daily close also shows that despite the bullish consolidation being slow right now, it is still on the move. As long as this holds, then it is expected that the XRP price will see a bullish advance. The only downside the crypto analyst sees is that the wait for this bullish advance can get long and boring.